RPC (RES) ROC (Joel Greenblatt) %: 2.38% (As of Mar. 2026) — 78% Below Median


RES RPC Inc RES
76 GF Score
Price $5.81
GF Value $7.19
Valuation Modestly Undervalued
! 1 Warning Sign
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What is RPC ROC (Joel Greenblatt) %?

RPC RES -1.36% 76 ROC (Joel Greenblatt) % is 2.38% as of Mar. 2026, which is 78% below its 10-year median of 10.93. GuruFocus rates RES with a GF Score™ of 76/100 and a GF Value™ of $7.19 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,002 Oil & Gas companies, RPC ranks worse than 57.19% on this metric.

Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits). He defines ROC (Joel Greenblatt) % as EBIT divided by the total of Property, Plant and Equipment and net working capital. RPC's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 2.38%.

The historical rank and industry rank for RPC's ROC (Joel Greenblatt) % or its related term are showing as below:

RES' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -50.37   Med: 10.93   Max: 48.38
Current: 5.62

During the past 13 years, RPC's highest ROC (Joel Greenblatt) % was 48.38%. The lowest was -50.37%. And the median was 10.93%.

RES's ROC (Joel Greenblatt) % is ranked worse than
57.19% of 1002 companies
in the Oil & Gas industry
Industry Median: 8.415 vs RES: 5.62

RPC's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


RPC  (NYSE:RES) ROC (Joel Greenblatt) % Explanation

The way Joel Greenblatt defines Return on Capital is a more accurate measure of how efficiently the company generates returns onthe capital actually invested in the business. EBIT is used instead of net income because the tax and interest payment may be affected by factors other than the core business operation. Intangible assets are not included in the calculation because they don't need to be replaced.

Joel Greenblatt uses his definition of Return on Capital and Earnings Yield (Joel Greenblatt) % to rank companies.


RPC ROC (Joel Greenblatt) % Related Terms


RPC ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for RPC's ROC (Joel Greenblatt) % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

RPC ROC (Joel Greenblatt) % Chart

RPC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.97 48.38 34.09 14.59 7.26

RPC Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.53 8.94 10.67 0.49 2.38

RES vs HLX, VTOL, WBI: ROC (Joel Greenblatt) % Comparison

For the Oil & Gas Equipment & Services subindustry, RPC's ROC (Joel Greenblatt) %, along with its competitors' market caps and ROC (Joel Greenblatt) % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


RPC ROC (Joel Greenblatt) % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, RPC's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where RPC's ROC (Joel Greenblatt) % falls into.


RES
76GF Score
RPC Inc RES
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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RPC ROC (Joel Greenblatt) % Calculation

Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits) . He defines Return on Capital as follows:

ROC (Joel Greenblatt) %=EBIT/Average of (Net fixed Assets + Net Working Capital)

EBIT stands for Earnings Before Interest and Taxes.

Fixed Assets are also known as non-current assets. They include the Property, Plant and Equipment that the firm needs in its operation.

GuruFocus calculates net working capital as: (Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Deferred Revenue + Other Current Liabilities). We're trying to account for OPERATING assets and liabilities (part of daily business) when calculating working capital. Cash and marketable securities are considered NON-OPERATING assets and are not included in calculation. We will also back out all interest bearing debt, short term debt and the portion of long term debt that is due in the current period from the current liabilities. This debt will be considered when computing cost of capital and it would be inappropriate to count it twice.

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(328.735 + 119.004 + 41.522) - (175.336 + 13.233 + -2.8421709430404E-14)
=300.692

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(374.693 + 120.375 + 37.273) - (207.537 + 0 + 0)
=324.804

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of RPC for the quarter that ended in Mar. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=20.556/( ( (557.584 + max(300.692, 0)) + (545.323 + max(324.804, 0)) )/ 2 )
=20.556/( ( 858.276 + 870.127 )/ 2 )
=20.556/864.2015
=2.38 %

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a ROC (Joel Greenblatt) % of 2.38% mean?
RPC (RES) has a ROC (Joel Greenblatt) % of 2.38% as of Mar. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on RPC and its competitors. This is 78% below median its historical median of 10.93. According to the industry distribution chart, RPC ranks #573 out of 1002 companies in the Oil & Gas industry, placing it in the top 57.2%.
Is RPC's ROC (Joel Greenblatt) % too high?
RPC's current ROC (Joel Greenblatt) % of 2.38% is 78% below median its 10-year median of 10.93. The Oil & Gas industry median ROC (Joel Greenblatt) % is 8.42. RPC's value of 2.38% is 71.7% below this industry median. Based on the distribution chart, RPC ranks #573 out of 1002 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, RPC has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does RPC's ROC (Joel Greenblatt) % compare to HLX and VTOL?
According to the Oil & Gas industry distribution chart, RPC ranks #573 out of 1002 companies for ROC (Joel Greenblatt) %. This places RPC in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 8.42. RPC's value of 2.38% is 71.7% below this benchmark. While the company's 10-year median is 10.93 vs. the industry median of 8.42, RPC has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC (Joel Greenblatt) % for an Oil & Gas company?
The median ROC (Joel Greenblatt) % among Oil & Gas companies is 8.42, based on 1,002 companies in the industry. Companies in the top quartile (top 25%) have a ROC (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, ROC (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. RPC's current ROC (Joel Greenblatt) % of 2.38% is 71.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROC (Joel Greenblatt) % mean?
A high ROC (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on RPC and its competitors. For the Oil & Gas industry, the median ROC (Joel Greenblatt) % is 8.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RPC's current ROC (Joel Greenblatt) % is 2.38%, which is 78% below median its own 10-year median of 10.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RPC stock overvalued right now?
Based on GuruFocus' analysis, RPC (RES) is currently considered Modestly Undervalued. The stock's GF Value™ is $7.19, compared to a current price of $5.81 — trading 19.2% below its estimated fair value. The current ROC (Joel Greenblatt) % is 2.38%, which is 78% below median its 10-year median of 10.93 and 71.7% below the Oil & Gas industry median of 8.42. RPC's overall GF Score™ is 76/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC (Joel Greenblatt) % calculated?
ROC (Joel Greenblatt) % is calculated from a company's financial statements. For RPC (RES), the current ROC (Joel Greenblatt) % is 2.38% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is RPC (RES) Overvalued in 2026?

Based on GuruFocus' analysis, RPC stock appears to be undervalued. The current stock price of $5.81 is trading 19.2% below its estimated GF Value™ of $7.19. GuruFocus considers RPC to be Modestly Undervalued.

Key valuation signals for RES:

  • ROC (Joel Greenblatt) %: 2.38% (78% below median its 10-year median of 10.93)
  • GF Value™: $7.19 vs. price of $5.81 (19.2% below fair value)
  • GF Score™: 76/100 with 1 warning sign
  • Industry Position: 71.7% below the Oil & Gas median (#573 of 1002)

No single metric tells the full story. See the RES stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


RPC Business Description

Industry EnergyOil & Gas
Other Exchanges RLD:Germany
Address 2801 Buford Highway NE, Suite 300, Atlanta, GA, USA, 30329
RPC Inc is an oilfield services company. It provides specialized oilfield services and equipment to independent and oil and gas companies engaged in the exploration, production, and development of oil and gas properties throughout the United States. Its operating segment includes Technical Services and Support Services. The Technical Services segment, which generates maximum revenue, comprises service lines that generate revenue based on equipment, personnel, or materials at the well site and are closely aligned with completion and production activities of the customers. The Support Services segment comprises service lines that generate revenue from services and equipment offered off the well site and are closely aligned with the customers' drilling activities.
76GF Score

Get the complete analysis for RES

ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$5.81
Price
$7.19
GF Value